Derek borrows $31,300.00 to buy a car. He will make monthly payments for 6 years. The car
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Derek borrows $31,300.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.25%. What will the payments be?
Derek borrows $40,404.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.18%. After a 12.00 months Derek decides to pay off his car loan. How much must he give the bank?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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